For Sale. 125 W. Stone Avenue Greenville, South Carolina PRIME LOCATION IN RAPIDLY DEVELOPING AREA. For More Information, Contact:

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Loreen Thompson
5 years ago
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O 864.334.4145 F 843.725.7201 C 864.905.7635 rakan.draz@avisonyoung.

1 PRIME LOCATION IN RAPIDLY DEVELOPING AREA For Sale 125 W. Stone Avenue Greenville, South Carolina Rakan Draz Associate Retail & Investment Services O F C rakan.draz@avisonyoung.com For More Information, Contact: John Odom Senior Associate Retail & Investment Services O F C john.odom@avisonyoung.com

Property Information Contact Information Rakan Draz Associate C 864.905.7635 rakan.draz@avisonyoung.com John Odom Senior Associate C 864.979.2183 john.odom@avisonyoung.

com Property Highlights Sale/Leaseback option available Great corner lot with ample parking Adjacent to Westone retail development as well as new Westone Station Townhomes Large basement with high

2 Property Information Contact Information Rakan Draz Associate C rakan.draz@avisonyoung.com John Odom Senior Associate C john.odom@avisonyoung.com 2 Wilton Road Stone Avenue Avison Young 511 Rhett Street, Ste. 2B Greenville, South Carolina O F Property Highlights Sale/Leaseback option available Great corner lot with ample parking Adjacent to Westone retail development as well as new Westone Station Townhomes Large basement with high ceilings which can be converted to useable space Qualifies for Facade Improvement Program Offering Information 125 Stone Avenue is a great investment property opportunity for redevelopment and a space for professional service providers looking to be close to downtown and the emerging Stone Avenue art and commerce corridor. Formerly an art gallery, it is currently being used as an office for an environmental engineering and consulting company. The building features a conference room with high ceilings, as well as office working space in a warm, inviting environment within walking distance of restaurants and new mixed use apartment development on Main Street and Stone Avenue. Storage space is available in the full basement. The Area: Stone Avenue is currently undergoing a development renaissance with new restaurants & urban apartment development. Once it intersects North Main, downtown Greenville is a short half mile away, with multiple opportunities for entertainment, Snapshot Tax Map Acres GLA Zoning County Municipality Parking Sale Price Acres +/- 2,450 sf OD (Office District) Greenville Greenville 8 spaces on-site $324,500

3 GREER GREENVILLE SITE The property is located in Downtown Greenville, 0.2 miles west of the Main Street and Stone Avenue intersection. If traveling west on Stone Avenue, the property will be located on the left side of the road. 3

4 Property Photos 4

5 1 Mile Radius - Area Demographics 5

Local Happenings WESTONE RETAIL WESTONE TOWNHOMES NORTHPOINTE HALF-MOON OUTFITTERS "Initial redevelopment plans are emerging for a former dry cleaners-turned-lawn-mower-repair store along Stone

Developers Pete Brett and Michael Fletcher are under contract to purchase the 1-acre property at 109 W. Stone Ave.

The property has historic significance, as it was also home to Star Cleaners, one of the first commercial buildings built on Stone Avenue.

according to plans reviewed by city officials. The Neighborhood Design Panel of the city s Design Review Board on Jan.

6 Local Happenings WESTONE RETAIL WESTONE TOWNHOMES NORTHPOINTE HALF-MOON OUTFITTERS "Initial redevelopment plans are emerging for a former dry cleaners-turned-lawn-mower-repair store along Stone Avenue in Greenville to be converted into retail, restaurant and office space, including a second location of Coffee Underground. Developers Pete Brett and Michael Fletcher are under contract to purchase the 1-acre property at 109 W. Stone Ave., home to Battery and Electric Company, a small engine parts store, along with other businesses since the 1960s. BECO plans to move to a new, soon-to-be-announced location. The property has historic significance, as it was also home to Star Cleaners, one of the first commercial buildings built on Stone Avenue..." -Upstate Business Journal, September 20, 2016 " Developers propose 78 townhome lots on Rocky Slope Road at Hollingsworth Park and 16 townhomes on West Stone Avenue in downtown Greenville, according to plans reviewed by city officials. The Neighborhood Design Panel of the city s Design Review Board on Jan. 5 held informal reviews of the projects, which also must be reviewed by the city Planning Commission. Both projects received positive comments from panel members. Shouse Development Corp. plans three-bedroom townhomes on nearly nine acres on Rocky Slope. The preliminary landscape plan identifies the project as the Chelsea Townhomes at Hollingsworth Park..." -Upstate Business Journal, January 10, 2017 "Work on Lewis Plaza has been underway for going on two years now, and while the historic shopping center has now been fully renovated, one big vacancy the spot for a long-planned upscale Harris Teeter grocery store has remained... Meanwhile, plans for a second store as part of the Northpointe project at the north end of downtown are on track despite a series of delays, the developer said. Construction should begin later this month on the triangular, 9-acre property across from Canal Insurance, which will begin with work to reconfigure the alignment of the incongruous intersection of Wade Hampton Boulevard, Church Street and Stone Avenue..." -Greenville News, April 10, 2017 "Half-Moon Outfitters, a regional chain of outdoors retail stores with headquarters in Charleston, has acquired a 14,000-squarefoot building at 603 E. Stone Ave. as a new home for its Greenville store, which is currently located at 1437 Laurens Road. The Greenville store will move in late 2017 or 2018, the company said. Half-Moon Outfitters is in the final year of its lease at the shopping center near the intersection of Laurens and Pleasantburg roads. The retailer is currently found between Luthi s Outfitters and the Trek Bicycle Store in the shopping center, where it opened in " -Upstate Business Journal, June 9,

Local Happenings BB&T TOWER STONE PIN TROLLEY STONE AVE RETAIL "Charleston developer The Beach Co.

also plans to put a grocery, as well as houses and townhomes, on what are now parking lots used by BB&T across the street, said Dan Doyle, a senior vice president with the developer.

The proposed mixed-use project on both sides of Buncombe Street near the Heritage Green cultural complex.

The opening was delayed from its original May 1 date because of construction hang-ups, but the space is now ready to rumble, co-owner Howard Dozier says.

7 Local Happenings BB&T TOWER STONE PIN TROLLEY STONE AVE RETAIL "Charleston developer The Beach Co. plans to turn a high-rise in downtown Greenville that is currently occupied by the BB&T bank into an apartment complex. The Beach Co. also plans to put a grocery, as well as houses and townhomes, on what are now parking lots used by BB&T across the street, said Dan Doyle, a senior vice president with the developer. It paid $10 million for the bulk of the development site in July and is scheduled to close on two more parcels, according to Doyle and Greenville County property records. The proposed mixed-use project on both sides of Buncombe Street near the Heritage Green cultural complex..." " On May 15, the long-awaited boutique bowling alley Stone Pin Company officially opens under the event space Revel at 304 E. Stone Ave. in Greenville. The opening was delayed from its original May 1 date because of construction hang-ups, but the space is now ready to rumble, co-owner Howard Dozier says. Dozier also owns Revel, Pour Lounge, and Comedy Zone... The space includes six lanes, three on each side with a full bar and lounge in the center. Bowlers can wait their turns while lounging on crescent-shaped faux-leather sectionals that are several notches above the usual hard plastic bowling chairs..." "One of the city s new trolleys would serve Augusta Street, Cleveland Park and the Greenville Zoo, while the other would serve the Village of West Greenville under routes unveiled by Greenlink Monday afternoon. The city is buying and funding operation of two new trolleys. The trolleys, which are being paid for through hospitality tax revenue, must support restaurants, retail, parks and leisure destinations outside the central business district by providing tourists and residents transportation. The trolleys are free and will start at Falls Park. The first proposed route would serve The Village of West Greenville by traveling Pendleton Street to Brandon Mill..." -Greenville Journal, January 17, 2017 "As the first apartment renters moved into Main+Stone this past week, the mixed-use project at the corner of Main Street and Stone Avenue also announced new commercial tenants. The project is being developed by Charleston-based developer The Beach Company and has 20,900 square feet of retail space and 293 apartment homes. Announced previously, Two Chefs Café & Market will move from its current location in May from the Poinsett Building on Main Street to become the anchor tenant at Main+Stone, occupying 5,000 square feet..." -Upstate Business Journal, September 10, Upstate Business Journal, May 9, Upstate Business Journal, April 4,

8 Trolley Route Information courtesy of the City of Greenville 8

39828 Source: 2017 Kalibrate Technologies

9 125 W. Stone TrafficAvenue Count Map Traffic Count Map 125 W Stone Ave, Greenville, South Carolina, Rings: 1, 3, 5 mile radii Prepared by Esri Latitude: Longitude: Source: 2017 Kalibrate Technologies 2017 Esri Source: 2017 Kalibrate Technologies 2017 Esri Source: 2017 Kalibrate Technologies September 20, 2017 Page 2017 Esri 9 1 of 1

10 Nearby Amenities Rutherford Street HISTORIC EARLE DISTRICT SITE N. Main Street Stone Avenue Hammack Law Firm Buncombe Street ADDITIONAL NEIGHBORS HERITAGE HISTORIC DISTRICT TWO CHEF'S CAFE & MARKET MEGAN DIEZ SALON STONE PIN BOWLING WESTONE DEVELOPMENT FUTURE HARRIS TEETER FUTURE HALF-MOON OUTFITTERS UNIVERSAL JOINT JI-ROZ WE TOOK TO THE WOODS ESCAPE ARTIST GREENVILLE and many more! 10

11 Thank you. avisonyoung.com 511 Rhett St, Ste. 2B Greenville, South Carolina O F Avison Young - South Carolina, Inc.

For Lease. 112 W. Stone Avenue Greenville, South Carolina BUILDING RENOVATIONS WITH 2018 DELIVERY. For More Information, Contact:

For Lease. 112 W. Stone Avenue Greenville, South Carolina BUILDING RENOVATIONS WITH 2018 DELIVERY. For More Information, Contact: BUILDING RENOVATIONS WITH 2018 DELIVERY For Lease 112 W. Stone Avenue Greenville, South Carolina 29609 Rhett Craig Associate Medical Office and Investment Services O 864.334.4145 F 843.725.7201 C 864.616.4676